Dollar/Yen Stuck in Lower 162 Range as Oil Surge and U.S. CPI Wait Fuel Caution
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
The dollar/yen exchange rate is currently stable in the lower 162 range. This stability is reportedly due to caution among investors as they await the release of US consumer price index data and respond to a surge in oil prices. The combination of these factors is fueling caution in the market.